Airbnb vs NYC: Battle for Short-Term Rentals

  • Context: News 
  • Thread starter Thread starter Greg Bernhardt
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Discussion Overview

The discussion centers on the competition between Airbnb and traditional short-term rental regulations in New York City, exploring the implications of regulation versus deregulation in the context of the sharing economy. Participants express varying opinions on the fairness of competition and the role of city politics.

Discussion Character

  • Debate/contested
  • Conceptual clarification

Main Points Raised

  • Some participants argue that Airbnb creates significant competition in the market.
  • Others contend that the competition is unfair due to the disparity between regulated and unregulated markets.
  • There are suggestions to regulate Airbnb rather than ban it, indicating a preference for a level playing field.
  • Some participants propose that if regulation is imposed on Airbnb, then the traditional market should also be deregulated.
  • A participant mentions the involvement of various mayors in addressing the challenges posed by the sharing economy, highlighting a collaborative approach among cities.
  • Concerns are raised about corruption in heavily regulated industries, with a participant referencing "rent seeking" in a humorous context.

Areas of Agreement / Disagreement

Participants express disagreement on the best approach to managing the competition between Airbnb and traditional rental markets, with no consensus on whether to regulate or deregulate.

Contextual Notes

Participants do not fully explore the implications of their proposed solutions, and there are unresolved questions about the effectiveness of potential regulations and the nature of corruption in city politics.

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Greg Bernhardt said:
I'm all in for these types of ventures. Creates incredible competition.
But the competition is extremely unfair. You can't have a regulated market competing with an unregulated one.
 
DrClaude said:
But the competition is extremely unfair. You can't have a regulated market competing with an unregulated one.
Then regulate it, don't ban it.
 
Greg Bernhardt said:
Then regulate it, don't ban it.
Or deregulated the other one! I'm not necessarily a fan of Uber's tactics, but city politics are often corrupt and such heavily regulated industries are an avenue for that corruption.
 
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Apparently the battle has become one of Mayors AirBnB versus Mayors with de Blasio.

Mayors AirBnB
...Airbnb's mayoral advisory board include Houston's Annise Parker, Philadelphia's Michael Nutter, Rome's Francesco Rutelli, and Adelaide's Stephen Yarwood

Mayors with de Blasio
Mayors from New York to Paris to Seoul think they’ve found the trick to coping with so-called “sharing economy” apps -- working together. Ten markets are jointly preparing a unified rule book in a bid to leverage their combined size to promote clearer ground rules ... Representatives for cities that also includes Athens, Barcelona and Toronto, ...
 
russ_watters said:
but city politics are often corrupt and such heavily regulated industries are an avenue for that corruption.

I'd say something about "rent seeking", but I don't want a bad pun infraction.
 

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